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India

India IT minister wary of digital currencies, sides with RBI for cautious approach
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7 April, 2023

India IT minister wary of digital currencies, sides with RBI for cautious approach

Rajeev Chandrasekhar pointed out that since digital currencies intersect with the macroeconomy and financial sector, a separate regulation must be...
Russia wants BRICS nations to explore new trade currency
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4 April, 2023

Russia wants BRICS nations to explore new trade currency

India and Russia should take the lead in forming a financial relationship to ultimately create a new common currency, according...
JPMorgan launches blockchain-based dollar accounts for banks in India
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30 March, 2023

JPMorgan launches blockchain-based dollar accounts for banks in India

JPMorgan's blockchain experiment will be restricted to banks in India's GIFT City, an economic free trade zone that competes with...
UAE’s digital dirham rollout includes mBridge soft launch for cross-border transactions
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29 March, 2023

UAE’s digital dirham rollout includes mBridge soft launch for cross-border transactions

The Central Bank of the United Arab Emirates (CBUAE) is forging ahead with the development of its central bank digital...
India’s DLT-based firm Yudiz Solution moves closer to IPO
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28 March, 2023

India’s DLT-based firm Yudiz Solution moves closer to IPO

Yadiz Solution has reportedly filed papers for an initial public offering (IPO) with the Securities and Exchange Board of India...
India Web 3 industry expected to reach $1B by 2032: report
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20 March, 2023

India Web 3 industry expected to reach $1B by 2032: report

India's metaverse industry is expected to record double-digit growth rates with a 39.2% spike to achieve a valuation of $33.9...
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